Hive Achieves Market Cap of $161.02 Million (HIVE)

Hive (HIVE) traded 2.9% higher against the US dollar during the 1-day period ending at 7:00 AM ET on April 19th. One Hive coin can currently be purchased for $0.32 or 0.00000495 BTC on cryptocurrency exchanges. Hive has a total market capitalization of $161.02 million and $4.10 million worth of Hive was traded on exchanges in the last day. During the last week, Hive has traded down 21.3% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1.6% higher against the dollar and now trades at $0.33 or 0.00000508 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% lower against the dollar and now trades at $0.0086 or 0.00000013 BTC.

About Hive

HIVE uses the hashing algorithm. Its genesis date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. The official website for Hive is hive.io. The official message board for Hive is peakd.com/@hiveio. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here.

According to CryptoCompare, “Hive is an open-source blockchain platform developed for Web 3.0. It is a decentralized network where individuals have true ownership and control over their cryptocurrency. The platform uses a hybrid mechanism of Proof of Brain (PoB) and Delegated Proof of Stake (DPoS) to distribute new coins to stakeholders. Hive is a decentralized fork of the Steem blockchain and offers two classes of cryptocurrency assets, HIVE and Hive Backed Dollars (HBD). HIVE is the liquid currency of the platform and also exists in a staked form called Hive Power.”

Buying and Selling Hive

It is usually not currently possible to buy alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to trade Hive should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView